pcworld.com Archives - 31 March 2015, Tuesday

A year after China began tightening regulations around Bitcoin, the virtual currency is still thriving in the country, albeit on the fringes, according to its largest exchange. Bitcoin prices may have declined, but Chinese buyers are still trading the currency in high volumes with the...

Bitcoin wallet provider Coinbase will launch the first U.S. licensed exchange for the digital currency on Monday, according to a Wall Street Journal report . While pointing to a “Lunar” teaser website with a clock counting down to 9 a.m. Eastern Time Monday , Coinbase’s Twitter accoun...

Mark Karpeles’ t-shirt couldn’t be more ironic. “I don’t always test my code,” it reads, “but when I do, I do it in production.” The former head of Mt. Gox, once the world’s biggest Bitcoin exchange, saw his company collapse because its code was exploited by hackers. A source close to...

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Mark Karpeles’ t-shirt couldn’t be more ironic. “I don’t always test my code,” it reads, “but when I do, I do it in production.” The former head of Mt. Gox, once the world’s biggest Bitcoin exchange, saw his company collapse because its code was exploited by hackers. A source close to...

Related:

Bitcoin and other cryptocurrency traders now have a new tool, LibraTax, to calculate their tax obligations—provided they want to report them to the government, of course. LibraTax isn’t a full-fledged tax preparation suite in the vein of TurboTax or TaxAct. Instead, it’s a cloud-based...

Bitcoin and other virtual currencies can expose users to a number of risks, including hackers and scammers trying to take advantage of hype surrounding the technology, a U.S. consumer protection agency warned Monday. Bitcoin and other popular virtual currencies such as XPR and Dogecoi...

The trustee overseeing the carcass of Mt. Gox, once the world’s largest trading platform for Bitcoin, told investors Wednesday that the company could be revived. Speaking to a meeting of people whose bitcoins evaporated in the fall of Mt. Gox, Nobuaki Kobayashi said he is searching fo...

Two SQL injection vulnerabilities were patched in Ruby on Rails, a popular open-source Web development framework used by some high-profile websites. The Rails developers released versions 3.2.19, 4.0.7 and 4.1.3 of the framework on Wednesday, and advised users to upgrade as soon as po...

Don’t buy, hold or sell Bitcoin or other virtual currencies until a proper regulatory regime is in place, the European Banking Authority (EBA) warned European banks on Friday. While virtual currencies offer some potential benefits, they are outweighed by the risks, the EBA concluded f...

Two SQL injection vulnerabilities were patched in Ruby on Rails, a popular open-source Web development framework used by some high-profile websites. The Rails developers released versions 3.2.19, 4.0.7 and 4.1.3 of the framework on Wednesday, and advised users to upgrade as soon as po...

Two SQL injection vulnerabilities were patched in Ruby on Rails, a popular open-source Web development framework used by some high-profile websites. The Rails developers released versions 3.2.19, 4.0.7 and 4.1.3 of the framework on Wednesday, and advised users to upgrade as soon as po...

Coinbase, a prominent startup for buying, selling and storing bitcoins online, is offering a free security feature that it hopes will do a better job at keeping bitcoins safe. The company announced a free, optional service called the Vault , which adds several layers of security to it...

Bitcoin today is like the Internet of 20 years ago, showing immense promise but in need of much more development, a digital currency executive said Monday, kicking off the Inside Bitcoins conference. As the first digital system offering the possibility to store and transfer currency v...

Bitcoin today is like the Internet of 20 years ago, showing immense promise but in need of much more development, a digital currency executive said Monday, kicking off the Inside Bitcoins conference. As the first digital system offering the possibility to store and transfer currency v...

A small bitcoin exchange in Beijing is in trouble again after trying to earn back funds lost in two hacking incidents last year. The exchange, called Vircurex, said in a statement it would freeze on Monday cryptocurrency accounts held by its customers after large withdrawals apparentl...

A small bitcoin exchange in Beijing is in trouble again after trying to earn back funds lost in two hacking incidents last year. The exchange, called Vircurex, said in a statement it would freeze on Monday cryptocurrency accounts held by its customers after large withdrawals apparentl...

The software driving Bitcoin’s network was upgraded Wednesday, with security fixes addressing a problem that defunct bitcoin exchange Mt. Gox blamed for losing nearly half a billion dollars worth of bitcoins. The open-source software, known as Bitcoin-QT, has also been rebranded as “B...

Singapore plans to regulate local Bitcoin exchanges to stop the virtual currency from being used in money laundering and terrorist financing schemes, authorities said. The Monetary Authority of Singapore (MAS) is bringing greater scrutiny to Bitcoin because of its “anonymous nature” i...

Singapore plans to regulate local Bitcoin exchanges to stop the virtual currency from being used in money laundering and terrorist financing schemes, authorities said. The Monetary Authority of Singapore (MAS) is bringing greater scrutiny to Bitcoin because of its “anonymous nature” i...

in which it claims to expose the person who first created Bitcoin. Bitcoin watchers always presumed that “Satoshi Nakamoto” was only a pseudonym that the Bitcoin creator—or creators—used, but Newsweek tracked it back to Dorian Satoshi Nakamoto, a 64-year-old man living in Southern Cal...

in which it claims to expose the person who first created Bitcoin. Bitcoin watchers always presumed that “Satoshi Nakamoto” was only a pseudonym that the Bitcoin creator—or creators—used, but Newsweek tracked it back to Dorian Satoshi Nakamoto, a 64-year-old man living in Southern Cal...

Major Bitcoin exchange Mt. Gox has quit the Bitcoin Foundation’s board of directors, the foundation said. The move is effective immediately, the trade organization said in a brief statement issued Sunday. “We are grateful for their early and valuable contributions as a founding member...

Bitcoin fell below $100 on major exchange Mt. Gox early Friday, dropping under a key psychological threshold. Traders pushed the digital currency as low as $91.50, far below its price at around $537 on two other exchanges tracked by CoinDesk.com. The price on Mt. Gox later recovered t...

Bitcoin fell below $100 on major exchange Mt. Gox early Friday, dropping under a key psychological threshold. Traders pushed the digital currency as low as $91.50, far below its price at around $537 on two other exchanges tracked by CoinDesk.com. The price on Mt. Gox later recovered t...

A cyberattack against the Veteran of Foreign Wars website, believed to have been initiated in China, may have sought to spy on U.S. military members, security company FireEye said Thursday. FireEye said the attack, which has now been fixed on VFW.org, exploited a zero-day flaw in the ...

Apple on Wednesday removed Blockchain, the last remaining application in its mobile store for transmitting bitcoins, signaling the continuing uncertainty around the virtual currency. U.K.-based Blockchain wrote Thursday on its website that Apple told it the application, which is a “wa...

The legal fraternity has made it first foray into the use of Bitcoin as payments for services rendered. LegalVision, an Australian legal service provider, is the first to allow its customers to pay for legal services with Bitcoin. Bitcoin is a decentralized digital currency and allows...

Start your drooling, crypto-currency aficionados: A second major online retailer now accepts Bitcoin as an alternative to good old fashioned greenbacks. TigerDirect announced Thursday that it would accept the digital currency via Bitcoin payment processor BitPay on more than 200,000 p...

Many countries are still grappling with the issues of crypto-currencies such as Bitcoin, of which there are at least 70 . China’s central bank, for example, has ordered financial institutions to halt Bitcoin-related services and products. With the value of Bitcoin increasing to more t...

Many countries are still grappling with the issues of crypto-currencies such as Bitcoin, of which there are at least 70 . China’s central bank, for example, has ordered financial institutions to halt Bitcoin-related services and products. With the value of Bitcoin increasing to more t...